Picture credit: irishamerica.com
Laois man, Aidan Kehoe, has reportedly sold his New York-based technology company in a deal for $30 million.
Mr Kehoe is the Co-Founder and CEO of Oxford Solutions, a leading provider of real time cyber security technology and services to the corporate sector.
The company has reportedly been sold and is to be rebranded as Skout Secure Intelligence.
Oxford Solutions was established by Laois man Aidan Kehoe in 2012 after he sold his previous business Oxford Global to Willis Towers Watson for an undisclosed sum.
In addition to his role at Oxford Solutions, Mr. Kehoe has been a partner with the Pascucci family on a number of different businesses including co-founding Oxford Global, a global risk management business.
Prior to his roles at Oxford, Mr. Kehoe has held roles at both Duckpond Corp, a private investment firm, and Sebonack Golf Club.
Mr Kehoe who studied at the Waterford Institute of Technology began his career by working in a variety of sectors including hospitality, transport and financial services, before branching out into IT.
He has served as a board member of both public and private equity-backed companies throughout the US, Canada, and Europe.
The newly-named company provides cyber security monitoring to more than 800 clients globally.
The Laois man has sold his company to RSE Ventures, a venture capital firm founded in 2012 by Stephen Ross and Matt Higgins which typically backs sports and entertainment firms.
Mr Ross is a billionaire with a net worth of $12 billion, he is chairman and founder of Related Companies, a real estate firm that has developed over $22 billion in property and owns property valued at over $20 billion.
The businessman, who is also the principal owner of the Miami Dolphins, is well-known for developing the Time Warner Center and Hudson Yards, the largest private real estate development in the history of the US, which covers 18 million sq ft of commercial and residential space.